the value of a mobile phone increase from Rs 6000 to Rs 6420 in a year find the per cent increase in a year
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Answer:
Increase in price = 6420 - 6000 = 420
Percentage increase = increase/original price × 100
= 420/6000 × 100
= 0.07 × 100
= 7%
The price is increased by 7%
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